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Intensive maintenance to ease PX supply pressure in April

Shandong (JLC), Mar 27, 2024—China PX prices went range-bound in January-March, but are expected to rise in April due to intensive unit maintenance, JLC estimates.

03-27-2024 17:21:36

China PTA experiences loss in 2023 amid cost pressure

Shandong (JLC), December 28, 2023—China PTA producers experienced a loss in 2023 amid cost pressure.

12-28-2023 17:13:23

China styrene losses linger on high cost pressure

Shandong (JLC), August 24, 2023—China styrene producers extended losses amid rising feedstock prices.

08-24-2023 17:40:07

China PP market under pressure on ample supply

Shandong (JLC), March 15, 2023--Since March, the domestic PP market has been unsettling. Hongrun Petrochemical, Guangdong Petrochemical and Hainan Refining and Chemical new units have successively rel

03-15-2023 00:00:00

China PP market under pressure on slow destocking

Shandong (JLC), February 15, 2023--In recent years, with the continuous expansion of the capacity of the domestic PP industry, the market price was suppressed to varying degrees.

02-15-2023 00:00:00

PX market suffers supply pressure on new start-ups

Shandong (JLC), December 5, 2022--Two sets of new PX units have been put into production in November, and another set of new units is expected to be put into production in December.

12-05-2022 17:18:00

China PET bottle flake prices drop on inventory pressure

Shandong (JLC), September 21, 2022--China PET bottle flake prices decreased lately given lackluster demand.

09-21-2022 16:51:28

China butadiene market under pressure on rising capacity

Shandong (JLC), August 9, 2022--The phase II 3# cracking unit of Zhejiang Petroleum & Chemical (ZPC) was put into operation in August 2022, and its 250,000 mt/yr butadiene unit started simultaneously.

08-09-2022 16:53:00

China polyester filament market still under pressure

Shandong (JLC), May 23, 2022--The impact of the EU's sanctions on Russia's oil continued, and global oil demand improved.

05-23-2022 14:49:00

Caprolactam losses intensify under high cost pressure

Shandong (JLC), March 28, 2022--Since late February, the upstream benzene market has gradually risen to a high level, while caprolactam has been dragged down by weak demand, and the market growth rate

03-28-2022 17:16:00

China acrylonitrile to face downward pressure in early 2022

Shandong (JLC), December 20, 2021--China’s acrylonitrile market is anticipated to be lackluster and under downward pressure at the start of 2022 due to heavy pressure from growing capacity, subdued demand and weak cost support.

12-20-2021 17:03:47

China methanol market sees escalated oversupply pressure

The methanol market in China sees escalating pressure from oversupply as more methanol units came online in the first quarter, followed by more startups in the second quarters when downstream demand growth is relatively slow.

04-26-2021 17:19:46

China’s OX market pressured by weakened demand

Shandong (JLC), March 19, 2021--OX prices moved down in March as downstream OX-fed phthalic anhydride (PA) reduced demand and port stockpiles stayed high.

03-19-2021 17:14:52

UPR price hard to increase on pandemic pressure

In January, the UPR prices kept range-bound due to the cold weather and recurrence of pandemic, though the prices of feedstock products all increased.

01-21-2021 17:25:10

MEG prices improve on eased supply pressure

Shandong (JLC), November 25, 2020--China’s MEG prices went up recently amid the eased supply pressure and firm cost supports.

11-25-2020 16:08:38

Crude benzene market faces bearish pressure

China crude benzene market kept weak in 2020 amid bearish sentiments. The crude benzene faced several bearish factors, though the increase in operating rate in hydrogenated benzene industry may support the crude benzene market somewhat.

10-28-2020 17:05:35

Xinchangqiao EPS unit start-up eases S China SM supply pressure

Shandong (JLC), September 17, 2020--It was heard that the 330,000 mt/yr styrene unit at Dongguan Xinchangqiao Plastic came online on September 15, which might ease the styrene supply pressure in South China market.

09-17-2020 16:45:02

Methanol market sluggish on fundamental pressure

Shandong (JLC), August 20, 2020--August methanol prices in main sales areas inched up boosted by the rising freight and firm cost, but the ongoing fundamentals contradiction still curbed the price uptrend.

08-20-2020 13:29:48

Methanol market slides under supply pressure

Shandong (JLC), July 27, 2020--In July, dragged down by the weak demand amid rain season and stricter pro-environment inspection, methanol market receded somewhat.

07-27-2020 08:52:48

Hydrogenated benzene price rise on weighted cost pressure

Shandong (JLC), July 14, 2020--The hydrogenated benzene market price in China rallied from lows in the week ended July 10 amid the weighted cost pressure that also contributed to the shrink in supply, pushing the price up under cascading effect.

07-14-2020 17:39:12

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